Justice Tirath Singh Thakur was on Thursday sworn in as 43rd Chief Justice of India by President Pranab Mukherjee at an elegant function in Rashtrapati Bhavan.
'From chaiwala he has now become Rafalewala. He speaks a bunch of lies,' the West Bengal CM said.
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Taking a jibe at Mamata Banerjee over her "paper tiger" comment, Narendra Modi on Sunday said that a real tiger is one who jails those involved in the Sharada chit fund scam and gets back money of the poor.
Suspended Trinamool Congress MP Kunal Ghosh, who was arrested on November 23 in connection with the Saradha Group chit fund scam, was today granted bail in the first among several cases lodged against him.
'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.
Indians waiting patiently in serpentine queues outside Mumbai banks tell Rediff.com's Syed Firdaus Ashraf they are ready to suffer for the larger good of the country.
The central bank's move comes against the backdrop of the government efforts to crackdown on entities, that are illegally raising large amounts of money from the public.
Home Minister Rajnath Singh on Monday said the "unfortunate" and "unprecedented" developments in West Bengal
Sebi, which has been given powers to take action against all unregulated money pooling schemes worth over Rs 100 crore (Rs 1 billion) besides all public issuances of securities, has issued this fresh caution notice at a time when a large number of people have been duped by numerous schemes in various states and enforcement action is underway against such operators.
The minister said demonetisation has increased the tax return filings and also increased the revenue of the states and the Centre immensely.
PM Modi said WB CM Mamata had boycotted meetings called by the Centre to discuss the issue of states' development and had failed to bring in any transformation to the state.
Moving ahead in the multi-crore Saradha chit funds scam case, the Enforcement Directorate (ED) on Wednesday attached assets, including a school, a cement factory and few resorts, worth Rs 60 crore (Rs 600 million) in West Bengal in connection with its money laundering probe.
Mohammedan Sporting have opted against playing in the second division of the I-League and also pulled out of the Durand Cup football tournament, beginning October 28, apparently due to financial crisis.
Why did the West Bengal government ignore warnings about the Saradha group, long before the chit-fund scam surfaced? Indrani Roy/Rediff.com reports on how retired police officer Nazrul Islam blew the whistle on the shady dealings of the Saradha group, and how no one heeded him then.
Aam Aadmi Party on Saturday challenged Congress and the Bharatiya Janata Party to disclose the names of the people from whom they have got more than 80 per cent of their funds being spent in the Lok Sabha election campaign.
FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.
The central agency had prayed for 10 days custody of the accused, but the court granted a week.
ED, which has been probing the alleged financial irregularities and cheating by Saradha group of companies, has also detected that a high interest rate of 18 per cent was assured to investors if they invested in the groups' schemes for a period of 3-5 years, the probe report said.
The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.
In the aviation sector, 100 per cent FDI is allowed under automatic route for MRO (maintenance, repair, overhaul), ground handling, and aircraft purchase.
Did the fear of central agencies probing scams involving NCP leaders that forced these politicians to jump ship?
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
The Enforcement Directorate on Wednesday night arrested the wife and son of the alleged kingpin of the multi-crore Saradha chit fund scam accused Sudipta Sen in a money laundering case.
However, the Indian capital markets regulator rejected the claim saying it neither received any such request, nor provided any such information to the concerned department in Antigua.
In order to attract inflow of foreign currency, the Reserve Bank on Tuesday simplified rules governing investments by non-resident Indians (NRIs) portfolio investments like equities and debt.
The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.
Twelve Trinamool Congress leaders including Mukul Roy and Madan Mitra have been booked by the Central Bureau of Investigation for alleged criminal conspiracy and corruption in the Narada sting case wherein they were purportedly filmed while taking money.
The agency, which looks into white collar crimes and violations of companies law, investigated more than 60 companies in this regard.
"In view of the above, the West Bengal government has been requested by MHA to initiate action against the officer and intimate the action taken in this regard," it said.
Modi said the National Democratic Alliance government wouldn't have been able to do any development work in the country without the support of the people.
The Bharatiya Janata Party on Saturday slammed West Bengal Chief Minister Mamata Banerjee for her "political vendetta" charge over action in Saradha scam, saying she is pressing the "panic button" and "rattled" by the possibility that her "own involvement" could come to light.
Asked by reporters whether the BJP is looking to him to play a winning card in the upcoming elections in the state, Bose said it is not a question of winning card or losing card, asserting his job is to bring back 'inclusivity' in Indian scenario.
Taking potshots at West Bengal Chief Minister Mamata Banerjee over the Saradha chit-fund scam and the Burdwan blast, Bharatiya Janata Party president Amit Shah on Sunday appealed to the people here to vote for change and development in the state.
'If the Modi government doesn't act now, it will demoralise and hurt the people who voted in hope of a better times,' argues former BJP MP Tarun Vijay.
The Congress alleged that whenever an issue of national security comes up, the "prime minister hides behind his ministers".
The Mumbai-based activist, currently in jail in Gujarat, has sought bail.
Congress Vice President Rahul Gandhi on Sunday hit back at Odisha Chief Minister Naveen Patnaik for calling the national party "corrupt", saying the ruling Biju Janata Dal is responsible for a series of scams in the state.
Congress said another Mahabharat would be fought over proposed amendments in the land acquisition act.
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The Union Cabinet on Wednesday had approved the proposal to amend the Sebi Act and other relevant regulations that would give greater powers to the regulator in its efforts to tackle all kinds of money-collection schemes, as also to effectively crackdown on defaulters in the stock markets.
The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.
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